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WaveOptics

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The world leading designer and manufacturer of diffractive waveguides

Milton, United KingdomFounded 2014Semiconductors
Valuation $500M–1B Last recorded · 2021
Revenue $50–100M Latest reported FY
Headcount <100 Current team size
Total funding $50–100M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for WaveOptics and the history behind them.

About WaveOptics

Enhanced World specializes in the development and mass manufacturing of advanced diffractive waveguides and integrated optical engines, also known as modules, to accelerate the prototyping and product development process for augmented reality (AR) applications. The company serves a diverse range of clients, including AR hardware manufacturers and technology firms, operating primarily in the AR and wearable technology markets. Enhanced World employs a business model that combines proprietary technology development with strategic partnerships for manufacturing, such as their collaboration with Goertek in China. Revenue is generated through the sale of their waveguide platforms and optical engines, as well as through licensing their patented technologies. The company has a strong focus on innovation, with over 50 patent families granted, and has been recognized with multiple industry awards, including the Prism Award. Enhanced World was acquired by Snap Inc. in 2021, marking a significant milestone in the AR hardware sector.

Source: Dealroom company data

At a glance

Founded
2014
Headquarters
Milton, United Kingdom
Sector
Semiconductors
Power Law
Colt$25–100M revenue

Investors

11 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • Mark Zaleski
  • Pitch@Palace

Series A6 investors entered at this stage

  • Imperial Innovations
  • Blippar
  • Octopus Ventures
  • Bosch Ventures
  • Touchstone Innovations
  • Gobi Partners

Series B and later3 investors entered at this stage

  • Goertek
  • Optimas Capital
  • Hostplus
Employees mapped 78 incl. 1 AI specialist
Founders Hidden — book a demo/100 quality score
Key operators 22 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
6 countries with
team presence
🇬🇧 United Kingdom88.2%
🇺🇸 United States4.4%
🇨🇳 China2.9%
🇫🇷 France1.5%
🇦🇹 Austria1.5%
Top 5 of 6 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about WaveOptics on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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